Ram Nath Kovind: I pay Rs 2.75 lakh tax on Rs 5 lakh salary | India News – Times of India
Home Most Viewed Ram Nath Kovind: I pay Rs 2.75 lakh tax on Rs 5 lakh salary | India News – Times of India
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Ram Nath Kovind: I pay Rs 2.75 lakh tax on Rs 5 lakh salary | India News – Times of India

KANPUR: Urging people to pay taxes to push development work, President Ram Nath Kovind, while visiting his village in Kanpur Dehat in UP, said that he too paid almost 55% of his monthly salary as income tax.
However, many pointed out on social media that the President’s income is not taxable and that even the highest income tax paid by the super-rich, including cess and surcharge, on income of over Rs 5 crore a year works out to 42.7%.
“Everyone knows – and there is nothing wrong about it – that the President is the country’s highest-paid employee. But he too pays tax. I pay Rs 2.75 lakh as tax per month. Everyone says I get Rs 5 lakh a month, but it is taxed too. Now, how much does that leave me with? Our officials earn more than what I save. Teachers earn the most,” he said.




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